Global Steel Wire Rod Market Growth 2023-2029
LPI (LP Information)' newest research report, the “Steel Wire Rod Industry Forecast” looks at past sales and reviews total world Steel Wire Rod sales in 2022, providing a comprehensive analysis by region and market sector of projected Steel Wire Rod sales for 2023 through 2029. With Steel Wire Rod sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel Wire Rod industry.
This Insight Report provides a comprehensive analysis of the global Steel Wire Rod landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel Wire Rod portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Steel Wire Rod market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel Wire Rod and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steel Wire Rod.
The global Steel Wire Rod market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In China, major manufacturers include Jiangsu Yonggang, Zhongtian Iron & Steel, Sansteel Minguang, etc.The top three manufacturers account for about 5% of the market.
In terms of product, Ordinary Wire Rod is the largest segment, with a share over 56%. And in terms of application, the largest application is Construction Industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel Wire Rod market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ordinary Wire Rod
High Carbon Wire Rod
Alloy Wire Rod
Segmentation by application
Construction Industry
Car Industry
Machinery Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yonggang
Zhongtian
Citic Steel
Sangang Minguang
Benxi Beitai
Xingtai Steel
Shajing Steel
Baogang
Yingkou Zhongban
Rongsheng
Hegang
Songshan
Hongchang Gaoxian
Fangda Steel
Wenan Steel
Runzhong Steel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steel Wire Rod market?
What factors are driving Steel Wire Rod market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steel Wire Rod market opportunities vary by end market size?
How does Steel Wire Rod break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook